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Palacete €890,000  near Estoi, Faro district, ref: B156

An opportunity to own a little piece of history dating back to the eighteenth century. Formerly occupied by a prominent family in this part of the Eastern Algarve, this small Palacete sitting in the heart of the National Ecological Reserve, requires restoration to return it to it’s former grandeur.

The focal point of the Palacete is it’s watchtower, with panoramic countryside views, and there are further good vantage points from where to take in the wonderful countryside setting. Inside the Palace, it has multiple spaces with vaulted ceilings throughout.

The Palace near Estoi has been added to at a later date, and one does have the option to increase it’s habitable area from 908m² by a further 300m² and up to 2000m² for rural touristic purposes. This then, presents the possibilities of transforming the Palace and it’s extensive grounds into a commercial venture, such as a bed and breakfast or a boutique hotel..

The 34,000m² of grounds occupies a private elevated position, and at just a few minutes drive from Estoi with it’s own “Pousada do Palácio de Estoi”, and some 9km distance from the coast, this Palacete is advantageously positioned for rural tourism.

Tel: 00351 289 093 958 / 00351 916 236 500

sales@buyinthealgarve.com

Government Licensed Real Estate Agent, Licence INCI 11870 - AMI

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Enquiry form for property ref: B156

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energy certificate for Estoi house for sale b156 #anchor_156